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App stock price rally today tracks global tech markets
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App stock price rally today tracks global tech markets, fueled by improved ad revenue models in leading app platforms. Fundamental analysis points to EBITDA margin expansion above 30%, making this a standout performer in digital financial projections. This led AppLovin's earnings per share (EPS) to more than quadruple from $0.30 a year ago to $1.25, while its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) soared 72% to $722 million. To track analyst ratings and price targets for $APP, check out Quiver Quantitative's $APP forecast page. Closing figures show app stock price at $185.90, marking five consecutive sessions in the green. Such consistency builds technical credibility, and with earnings season looming, traders are preparing for potential breakout rallies in the digital apps segment.